Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Financial Instruments [Line Items]

Schedule Of Carrying Amounts And Fair Values Of Financial Instruments

For information about assets and liabilities

recorded at fair value and for additional details regarding the fair value hierarchy, see Note 6, Fair Value Measurements.

In Millions
	December 31, 2019															December 31, 2018
				Fair Value															Fair Value
	Carrying						Level									Carrying						Level
	Amount			Total			1			2			3			Amount			Total			1			2			3
CMS Energy, including Consumers
Assets
Long-term receivables1		$	20		$	20		$	—		$	—		$	20		$	22		$	22		$	—		$	—		$	22
Notes receivable2		2,500			2,652			—			—			2,652			1,857			1,967			—			—			1,967
Securities held to maturity		26			26			—			26			—			22			21			—			21			—
Liabilities
Long-term debt3		13,062			14,185			1,197			11,048			1,940			11,589			11,630			459			9,404			1,767
Long-term payables4		30			32			—			—			32			27			27			—			—			27
Consumers
Assets
Long-term receivables1		$	20		$	20		$	—		$	—		$	20		$	22		$	22		$	—		$	—		$	22
Notes receivable – related party5		103			103			—			—			103			106			106			—			—			106
Liabilities
Long-term debt6		7,250			8,010			—			6,070			1,940			6,805			6,833			—			5,066			1,767

¹  Includes current portion of long-term accounts receivable of $13 million at December 31, 2019 and $14 million at December 31, 2018.

²  Includes current portion of notes receivable of $242 million at December 31, 2019 and $233 million at December 31, 2018. For further details, see Note 8, Notes Receivable.

³  Includes current portion of long-term debt of $1.1 billion at December 31, 2019 and $1.0 billion at December 31, 2018.

⁴  Includes current portion of long-term payables of $1 million at December 31, 2019 and December 31, 2018.

⁵  Includes current portion of notes receivable – related party of $7 million at December 31, 2019 and December 31, 2018. For further details on this note receivable, see the DB SERP discussion below.

⁶ 

Includes current portion of long-term debt of $202 million at December 31, 2019 and $26 million at December 31, 2018.

Schedule Of Sales Activity For Investment Securities

Presented in the following table is a summary of the sales activity for investment securities held within the DB SERP and classified as available for sale:

In Millions
Years Ended December 31	2019			2018			2017
CMS Energy, including Consumers
Proceeds from sales of investment securities		$	—		$	142		$	145
Consumers
Proceeds from sales of investment securities		$	—		$	103		$	105

Schedule Of Investment Securities

Presented in the following table are these investment securities:

In Millions
	December 31, 2019												December 31, 2018
	Cost			Unrealized Gains			Unrealized Losses			Fair Value			Cost			Unrealized Gains			Unrealized Losses			Fair Value
CMS Energy
Debt securities		$	26		$	—		$	—		$	26		$	22		$	—		$	1		$	21

Consumers Energy Company

Financial Instruments [Line Items]

Schedule Of Carrying Amounts And Fair Values Of Financial Instruments

For information about assets and liabilities

recorded at fair value and for additional details regarding the fair value hierarchy, see Note 6, Fair Value Measurements.

In Millions
	December 31, 2019															December 31, 2018
				Fair Value															Fair Value
	Carrying						Level									Carrying						Level
	Amount			Total			1			2			3			Amount			Total			1			2			3
CMS Energy, including Consumers
Assets
Long-term receivables1		$	20		$	20		$	—		$	—		$	20		$	22		$	22		$	—		$	—		$	22
Notes receivable2		2,500			2,652			—			—			2,652			1,857			1,967			—			—			1,967
Securities held to maturity		26			26			—			26			—			22			21			—			21			—
Liabilities
Long-term debt3		13,062			14,185			1,197			11,048			1,940			11,589			11,630			459			9,404			1,767
Long-term payables4		30			32			—			—			32			27			27			—			—			27
Consumers
Assets
Long-term receivables1		$	20		$	20		$	—		$	—		$	20		$	22		$	22		$	—		$	—		$	22
Notes receivable – related party5		103			103			—			—			103			106			106			—			—			106
Liabilities
Long-term debt6		7,250			8,010			—			6,070			1,940			6,805			6,833			—			5,066			1,767

¹  Includes current portion of long-term accounts receivable of $13 million at December 31, 2019 and $14 million at December 31, 2018.

²  Includes current portion of notes receivable of $242 million at December 31, 2019 and $233 million at December 31, 2018. For further details, see Note 8, Notes Receivable.

³  Includes current portion of long-term debt of $1.1 billion at December 31, 2019 and $1.0 billion at December 31, 2018.

⁴  Includes current portion of long-term payables of $1 million at December 31, 2019 and December 31, 2018.

⁵  Includes current portion of notes receivable – related party of $7 million at December 31, 2019 and December 31, 2018. For further details on this note receivable, see the DB SERP discussion below.

⁶ 

Includes current portion of long-term debt of $202 million at December 31, 2019 and $26 million at December 31, 2018.

Schedule Of Sales Activity For Investment Securities

Presented in the following table is a summary of the sales activity for investment securities held within the DB SERP and classified as available for sale:

In Millions
Years Ended December 31	2019			2018			2017
CMS Energy, including Consumers
Proceeds from sales of investment securities		$	—		$	142		$	145
Consumers
Proceeds from sales of investment securities		$	—		$	103		$	105